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Sofia Caiche: “I will fight for the single mothers”

Sofia Caiche, candidate for Legislator of District 2 of the province of Guayas for the Adelante Ecuadorian Adelante party, was interviewed by Daily Expreso. Her days begin at dawn and end at night. Thus, Sofía Caiche works hard during the electoral campaign she perfectly combines...
Posted On 12 Jan 2017
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Lenin Moreno: Lowering or eliminating taxes is an irresponsible proposal

Presidential hopeful Lenin Moreno (Alianza PAIS party) stressed during an interview on Ecuavisa TV that taxes are used to maintain teachers, judges, doctors, among other professionals, so proposing to lower or eliminate taxes is something irresponsible. Moreno criticized the...
Posted On 12 Jan 2017
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The Air Force and the Navy received credentials

The National Electoral Council CNE) culminated yesterday in Guayaquil the delivery of credentials for the facultative vote of the members of the Armed Forces and the Police. Accompanied by Minister of Defense Ricardo Patiño, the head of the CNE, Juan Pablo Pozo, handed over to...
Posted On 12 Jan 2017
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Worley Parsons inspected and executed the works in the Esmeraldas Refinery

The relationship between Petroecuador and Worley Parsons International (WPI) and its subcontractor Tecnazul is under scrutiny. This foreign branch of Australian origin had a strategic role as a supplier and inspector of the rehabilitation of the Esmeraldas Refinery, where an...
Posted On 11 Jan 2017
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Ecuador issues another $ 1 billion in debt bonds until 2026

Finance Minister Patricio Rivera reported that yesterday Ecuador issued $ 1 billion of sovereign bonds in the international market, with a performance of 9.125% and a term due on December 13, 2026. According to the Ministry, the negotiation process for this issue was successfully...
Posted On 11 Jan 2017
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A rainfall of requests for the Odebrecht bribes

The denunciation of alleged payments of bribes to government officials by the Brazilian construction company Odebrecht dispersed on several fronts. Everybody´s aim: get the names of those who received $ 33.5 million in fines. On the one hand is the Office of the Attorney General....
Posted On 11 Jan 2017
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Millionaire differences in Refinery´s subcontracts

Three works in the Esmeraldas State Refinery, reviewed by this Journal, were awarded for up to $ 11 million less than the values initially awarded by Petroecuador. These include the construction and assembly of tanks for storing fuels, the repair and integral maintenance of...
Posted On 10 Jan 2017
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Cynthia Viteri announces a national nursery plan for neighborhoods

The PSC’s presidential hopeful, Cynthia Viteri, announced yesterday the creation of a national nursery school program that would generate 50,000 direct jobs and provide care for 200,000 children. The proposal was announced at the Aunt Susy children’s center in Quito....
Posted On 10 Jan 2017
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Guillermo Lasso says he will take care of the votes with 40 thousand people watching over the polling stations

Guillermo Lasso toured yesterday the Bastion Popular neighborhood, along with his wife, Maria de Lourdes Alcivar, and the CREO candidates for legislators who represent the four districts of Guayas. The presidential hopeful said that he does not trust the National Electoral...
Posted On 10 Jan 2017
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The IMF sets its sights on the delinquency level

  The IMF saw 2016 out by reviewing the banking financial system and, in the face of stress testing, it concluded that the delinquency in Ecuadorian banks has deteriorated. While private banks maintain rational overall indicators (4.34%), the IMF goes one step further and...
Posted On 09 Jan 2017
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